Gokul Prasad, a 31-year-old digital marketer originally from India, came to Canada in January 2021 with one main goal in mind: owning a home.
Read more: https://tinyurl.com/3t4whxr3
Monthly Archives: June 2023
Canada’s housing market may not be as risky as the IMF thinks
Statements from normally credible sources about Canada’s heightened housing market risks have alarmed consumers, investors, lenders and policymakers alike, but perhaps the pictures they are painting shouldn’t be taken at face value.
Read more: https://tinyurl.com/22re4y9a
Varcoe: Oilpatch labour crunch is the immediate jobs issue, say industry leaders
Canada has a looming labour problem in the oil and gas sector, although it’s not the issue the federal government necessarily has in mind with its new Sustainable Jobs Act.
Read more: https://tinyurl.com/mf9rpxfm
Average rent rates grow at slowest pace since end of 2021
Average asking rents in Canada grew by 6.5% on an annual basis to reach $2,014 in May, marking the lowest proportional year-over-year increase since December 2021, according to a new report by Rentals.ca and Urbanation.
Read more: https://tinyurl.com/44vvc4m4
India’s Oil Demand Set For Record High Despite Dipping In April
India’s crude oil imports fell slightly in April from a month earlier and refinery intake dipped month-on-month, according to data from the Joint Organizations Data Initiative (JODI), but on the following month of May, the world’s third-largest crude oil importer saw record fuel demand.
Read more: https://tinyurl.com/vufpcw9
‘Retail has nine lives’ in Canada as 2023 consumer spending strong — for now: Report
Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found.
Read more: https://tinyurl.com/3z22jdf3
Some conservatives’ long-term goal in property tax fight: get rid of school taxes altogether
After humming under the surface of conservative politics for nearly three decades, a bold question has emerged front and center in this year’s legislative tax cut debate: Can Texas eliminate school property taxes altogether?
Read more: https://tinyurl.com/mvknkmkt
Home prices increased 70% more than rent costs: study
Americans have found themselves in an affordable-housing crisis as home sales have declined and home prices have outpaced inflation, according to a study by Home Bay.
Read more: https://tinyurl.com/35c2dt8v
Eviction filings are 50% higher than they were pre-pandemic in some cities as rents rise
ATLANTA — Entering court using a walker, a doctor’s note clutched in his hand, 70-year-old Dana Williams, who suffers serious heart problems, hypertension and asthma, pleaded to delay eviction from his two-bedroom apartment in Atlanta.
Read more: https://tinyurl.com/4n9exr79
Detail in ‘fine print’ of rental listing slammed: ‘Pretty bad practice’
A room in the heart of Brisbane has been listed on social media for rent — boasting rooftop facilities and an envious view — with one lucky tenant told they can claim the space if they share how much they are “willing” to pay for it.
Read more: https://tinyurl.com/2p8x7wd2